Billionaire financier George Soros has accused Angela Merkel of bringing ‘chaos’ to Europe through her open-door immigration policy.
The Hungarian, who ‘broke the Bank of England’ in 1992, said the German Chancellor’s decision to ‘open her country’s doors wide to refugees’ was ‘not properly thought out’.
Soros, 85, said a ‘lack of adequate controls’ sparked panic across the continent and that the European migration crisis and Brexit debate then ‘fed on each other’.
He said: ‘German Chancellor Angela Merkel’s decision to open her country’s doors wide to refugees was an inspiring gesture, but it was not properly thought out, because it ignored the pull factor.
‘A sudden influx of asylum-seekers disrupted people in their everyday lives across the EU.
‘The lack of adequate controls, moreover, created panic, affecting everyone: the local population, the authorities in charge of public safety, and the refugees themselves.’
Soros famously ‘broke the Bank of England’ after his bets against the pound were instrumental in ejecting it from the Exchange Rate Mechanism.
He said the Leave campaign in Britain exploited the deteriorating refugee situation to stoke fears of ‘uncontrolled immigration’ from other EU member states.
‘The European authorities delayed important decisions on refugee policy in order to avoid a negative effect on the British referendum vote, thereby perpetuating scenes of chaos like the one in Calais.’
Critics have branded Ms Merkel’s open-door immigration policy as being to blame for a tidal wave of demands for Brexit-style referendums across several countries in the bloc.
The right-wing Alternative for Germany (AfD) has openly branded Ms Merkel as being responsible, amid calls for a ‘Dexit’ – Deutschland exit.
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